The European Commission has decided to exempt imports of masks and other medical supplies from outside the European Union from VAT and import duties for longer. In addition, the committee buys 100 million euros in so-called rapid tests to detect the corona virus. “We are deep in the second wave now,” said EC President Ursula von der Leyen
Source: taxlive.nl
Latest Posts in "European Union"
- EU Reaches Agreement on 2028 Customs Reform
- VAT and Transfer Pricing: ECJ’s Arcomet Decision Clarifies Intra-Group Service Remuneration and VAT.
- VAT on Transfer Pricing Adjustments: Importance of Detailed Documentation in Court Rulings
- E-Invoicing in the EU: Tax Authorities’ Data Use and Its Impact on Businesses
- Are Pre-Filled VAT Returns Truly Beneficial for Businesses Navigating Complex Tax Regimes?